UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________________ to _________________ Commission file number 001-35492 ALEXANDER & BALDWIN, INC. (Exact name of registrant as specified in its charter) Hawaii 45-4 ...

财务数据和关键指标变化 - 净收入可供股东使用为2000万美元,每股0.28美元 [14] - FFO为2920万美元,每股0.40美元,较上年同期增长 [14][15] - AFFO为2550万美元,每股0.35美元,较上年同期增长 [16] - 总债务为4.58亿美元,净债务/EBITDA为3.8倍,较上年末4.2倍有所下降 [20] 各条业务线数据和关键指标变化 - 商业地产和公司业务的FFO每股为0.29美元,较上年同期增长0.03美元 [15] - 土地业务的FFO每股为0.11美元,上年同期为0美元 [15] - 同店NOI增长4.1%,剔除之前预留金额收回的影响为3.9% [9] - 同店租赁率为95%,较上年同期上升20个基点但较上季度下降70个基点 [9] - 同店经济租赁率为93.3%,较上年同期下降10个基点,较上季度下降70个基点 [9] - 在改善物业组合中签署44份租约,总面积约21.2万平方英尺,新租赁和续租租金上涨分别为11.8%和7.2% [9] 各个市场数据和关键指标变化 - 夏威夷州2月末失业率为3.1%,低于全国平均水平3.9% [12] - 2024年前2个月夏威夷接待游客150万人次,与2023年持平 [12] - 来自美国本土的游客人数超过疫情前水平,来自日本的游客人数较2023年同期增加80%,但仍只有疫情前一半 [12] 公司战略和发展方向及行业竞争 - 公司将继续优先出售非核心资产,简化业务 [10][45][46] - 公司正积极寻找收购和内部发展机会,包括在毛伊岛商业园的开发项目 [36][37][38][41][42][43] - 公司对未来增长机会持乐观态度,认为目前各类资产类型的市场条件都很有利 [42][43] 管理层对经营环境和未来前景的评论 - 公司在第一季度表现出色,体现了出色团队和优质资产的实力 [26] - 公司的资产组合表现良好,资产负债表稳健,已采取措施限制利率上升风险 [26] - 公司正在推进内部增长计划,对今年前3个月审核的外部投资机会感到鼓舞 [26] 问答环节重要的提问和回答 问题1 **Rob Stevenson 提问** 土地业务相关的FFO在第一季度有多少?占全年指引的0.05-0.11美元的比重是多少? [29][30][31] **Clayton Chun 回答** 第一季度土地业务FFO为0.11美元,已反映在修正后的全年指引中 [30] 问题2 **Connor Mitchell 提问** 公司如何看待未来资产类型的配置,是否会更多关注某些类型? [41][42][43][44][45][46] **Lance Parker 回答** 公司对现有的零售、工业和地租资产类型都持乐观态度,未来投资机会将更看重风险调整后的收益率,而不是特定资产类型 [42][43] 问题3 **Mitch Germain 提问** 公司提到地租和办公物业将在下半年拖累同店NOI增长,这是否意味着增长率将从4%下降到2%左右? [50][51][52][53] **Lance Parker 回答** 是的,地租续租带来的大额租金上涨以及部分办公物业的租户搬出,将拖累下半年的同店NOI增长 [51][52]

Premier Commercial Real Estate Company First Quarter 2024 Earnings Presentation April 25, 2024 Safe Harbor Statement Statements in this presentation that are not historical facts are forward-looking statements within t ...

Alexander & Baldwin, Inc. Reports First Quarter 2024 Results HONOLULU, HI (April 25, 2024) /PRNewswire/—Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai‘i- based owner, operator and developer of high-quality commercial real estate in Hawai‘i, today announced net income available to A&B common shareholders of $20.0 million, or $0.28 per diluted share, and Commercial Real Estate ("CRE") operating profit of $22.0 million for the first quarter of 2024. Q1 2024 Highlights • Funds From Operati ...

财务情况 - Alexander & Baldwin, Inc.（A&B）是一家总部位于夏威夷的公司，专注于拥有、运营和开发夏威夷高质量商业地产[1] - A&B完成了6000万美元无担保6.09%票据的私人配售，用于偿还Laulani Village的抵押贷款票据和一般公司用途[1] - 公司的财务主管表示，通过与Prudential的融资，A&B能够延长债务到期日，保持主要由固定利率无担保债务组成的资产负债表[2]

HONOLULU, April 8, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) will report results for the first quarter 2024, after the market closes, on Thursday, April 25, 2024. In connection with this announcement, A&B will host a conference call and webcast on Thursday, April 25, 2024, at 5:00 p.m. ET. The call and webcast will feature a discussion on first quarter 2024 operating and financial performance, followed by questions from sell-side research analysts participating in the interactive por ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Alexander & Baldwin, Inc. (ALEX) is a Hawai’i-based exclusive publicly-traded real estate investment trust. The Zacks Consensus Estimate for its current year earnings has been revised nearly 6% downward over the last 60 days.Cisco Systems, Inc. (CSCO) is a company that engages is the business of internet protocol based networking and other products. The Zacks Consensus Estimate for its current year earnings has been revised 5.1% downw ...

Alexander & Baldwin, Inc. (NYSE:ALEX) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants Steve Swett – Investor Relations Lance Parker – Chief Executive Officer Clayton Chun – Chief Financial Officer Kit Millan – Senior Vice President, Asset Management Conference Call Participants Rob Stevenson – Janney Alexander Goldfarb – Piper Sandler Mitch Germain – Citizens JMP Brendan McCarthy – Sidoti Operator Good day, and welcome to the Fourth Quarter and Full Year 2023 Alexander & B ...

Alexander & Baldwin Holdings, Inc. (ALEX) reported $52.9 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 25.3%. EPS of $0.29 for the same period compares to $0.22 a year ago.The reported revenue represents a surprise of +1.63% over the Zacks Consensus Estimate of $52.05 million. With the consensus EPS estimate being $0.27, the EPS surprise was +7.41%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

公司业绩 - 公司在2023年12月份的季度营收为5,290万美元，超过了Zacks Consensus Estimate[3] - Alexander & Baldwin Holdings, Inc. (ALEX)在上一季度的FFO为每股0.29美元，超过了Zacks Consensus Estimate的每股0.27美元[1] - 公司在过去四个季度中，有两次超过了FFO的共识预期[2] 股价表现 - 公司股价自年初以来下跌了约10.8%，表现不及标普500指数[5] 投资展望 - 公司的FFO展望对于投资者来说是一个可靠的衡量标准，可以帮助他们预测股票的未来走势[6] - 在发布财报前，投资者可以追踪估值修订的趋势，以及借助Zacks Rank等评级工具来辅助判断[7] - 目前公司的Zacks Rank为3（持有），预计股价将与市场表现持平[8] 行业前景 - 投资者应该关注行业前景对股票表现的影响，REIT and Equity Trust - Other行业目前在Zacks行业中排名前39%[10]